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RE: LeoThread 2024-12-08 08:18

in LeoFinance24 days ago

Part 4/10:

Despite these early victories, Macron inherited a complex economic structure—one that had been heavily influenced by historical government interventions and a significant public sector. France’s public sector now constitutes over 55% of the economy, a legacy of years of expansive state spending. This entrenched culture of generous unemployment benefits and labor laws has made adapting to economic changes particularly difficult.